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The High Court considered whether to appoint additional liquidators to TB Realisations Limited (formerly Travelex Bank Notes Limited) following concerns raised by Rawbank S.A., its largest unsecured creditor, regarding potential conflicts and inadequate investigation of claims arising from pre-administration transactions.
The Court has made an order terminating the administration of Lehman Brothers International (Europe) so that it could be placed into members’ voluntary liquidation, and has extended the term of the administration of three other Lehman Brothers companies.
In the recent Supreme Court decision of Michell v Al Jaber [2025] UKSC 43. the Court held that the Director of the liquidated company (MBI International & Partners Inc (in Liquidation)) (MBI) was personally liable to compensate the liquidators of MBI for losses arising as a result of a 2009 share transfer.
On 27 January 2026, the remainder of the Heat Networks (Market Framework) (Great Britain) Regulations 2025 come into force. Here’s a short history lesson and some suggestions for topics heat network operators, suppliers, landlords and off takers might want to think about as the date approaches.
What happens if, on an application to appoint administrators, there is a dispute over who should be appointed?
The Chancery Division has held two directors personally liable for breaching their statutory fiduciary duties after causing more than £12.2 million to be diverted away from their insolvent company to a connected entity.
Administrators sought possession of land through section 234 of the Insolvency Act, but whilst the Court agreed that the administrators would be entitled to possession under CPR Part 55, they disagreed that possession could be granted under section 234.
In relation to an EMI special administration, the ICC judge in this case considered whether customer contracts could be “closed out” by the joint administrators before their maturity date.
In this article, we explore the issues that arise in claims against insolvency practitioners, and things that insurers should look out for when handling those claims within the professional indemnity and accountancy sphere.
GP partnership agreements are important legal documents protecting the interests of GP partners in connection with the healthcare businesses they run, and the property and assets they own. In this article, we explain what they should include.
As the Government announced last year, the first wave in the implementation of the Employment Rights Act 2025 will focus on trade unions and industrial action. Charles Pigott provides an overview of the measures taking effect on 18 February 2026, subject to transactional provisions.
2025 was something of a turbulent year for the UK Competition and Markets Authority (CMA). It began with a change of leadership, when former Chair, Marcus Bokkerink, was replaced by Doug Gurr, formerly of Amazon UK. This coincided with a new strategic steer from the UK Government to the CMA, which urged the CMA to put their focus firmly on supporting the Government’s growth agenda.